Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding

Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.

Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.

Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.

Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )

How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:

Debt / Loans

Asset Based Financing

Alternative Hybrid type solutions

Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas

If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).

Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.

Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.

We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.

Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.

If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.

Looking for Weekend Getaways Near Delhi? Come to Sariska

If traveling and exploring exotic places are your passion, Rajasthan should be at the top of your dream itinerary. A number of palaces, citadels and historical locations are situated in various cities and towns of Rajasthan like in Sariska that reminiscence of its rich heritage and glorious past. Consider spending a weekend at an exquisite resort in Sariska if you want to spend quality time with your loved ones after a week of hard work in your city. Hundreds of people living in and around Delhi love driving down to resorts in Sariska to spend a great weekend. Typically, vacationers can be seen heading out to Sariska, especially between October and June, which is the peak season here.Those who love nature and wildlife find it rewarding to visit the town during summers, as animals living in deep forest areas come out in search of water. So, if you wish to explore wildlife and spot wild animals for real, choose summers for booking attractive Sariska Resort deals for a wonderful experience you will remember forever. All you have to do is to check out Sariska Resort packages which provide requisite information about the best resorts in Sariska along with attractive deals you can avail.One of the Best Weekend Getaways Near GurgaonPicking a holiday package to visit a place like Sariska that inspires isn’t so difficult. A range of holiday packages for Sariska is available for tourists to pick and choose from. These packages can also be customized to suit specific needs, so you can always make the most out of your trip. If you hail from a place like Gurgaon, you can not only enjoy a luxurious long drive to Sariska but also get spoilt for choice as there’s a lot to explore here. You can choose to go on any nature trail that takes you to Sariska National Park, visit a wildlife sanctuary, a bird sanctuary or the tiger reserve. All these natural attractions make Sariska a perfect holiday destination that you will appreciate.Sariska National Park is one of the most sought tourist destinations in Sariska. The ideal time to visit it is between October and June. Apart from Sariska National Park, one can also explore historical sites in the town, gaze at ancient forts like Bheemlata Pavan Dham, view relics of medieval temples of Garh-Rajor, a centuries-old castle at Kankwari and others which are of immense chronological significance.Visit Sariska, the Perfect Weekend Getaway near NoidaSariska is also famous for artifacts, traditional costumes, silver articles and souvenirs which one can buy here. It offers many avenues to experience the exquisiteness of royal grandeur that Rajasthan is famed for in the world. Spending a weekend in an exotic resort in Sariska will present you with a multitude of options to rejuvenate and enrich yourself. You can engage yourself in a host of indoor and outdoor activities that may include evening bonfire, swimming pool, camel ride, Rajasthani cultural show and even a DJ night. The sprawling resort at Sariska is also an ideal venue to host weddings, corporate get-togethers and business conferences on a grand scale.Sariska offers a breath-taking assortment of latest amenities, luxurious accommodation, and enriching experiences. Visitors looking for fine weekend getaways near Jaipur or NCR find Sariska a perfect destination to unwind at a weekend without a need to spend too much.

US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.